{"data":{"id":"us-oh/ohio-rev.-code-1309.622","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1309.622","heading":"Effect of acceptance of collateral - UCC 9-622.","body":"(A) A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:\n(1) Discharges the obligation to the extent consented to by the debtor;\n(2) Transfers to the secured party all of a debtor's rights in the collateral;\n(3) Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and\n(4) Terminates any other subordinate interest.\n(B) A subordinate interest is discharged or terminated under division (A) of this section even if the secured party fails to comply with this chapter.","path":["Title 13 Commercial Transactions","Chapter 1309 Secured Transactions"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1309.622","current_through":"2001-07-01 (Senate Bill 74 - 124th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"da51577dbbba599d1626886f7361cbe9b5c92f023a38062578fddbc2ef9cad66","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1309.621","next":"us-oh/ohio-rev.-code-1309.623"},"notice":"GroundRules: Original legal text. Not legal advice."}